TSERS & LGERS Boards of Trustees Teachers’ and State Employees’ Retirement System Board of Trustees The Teachers’ and State Employees’ Retirement System (TSERS) provides benefits to all full-time teachers and State employees in all public school systems, universities, departments, institutions, and agencies of the State. The TSERS Board of Trustees is comprised of 13 members, including eight actively working employees or retirees, as well as five public and appointed members who also serve on the Local Governmental Employees’ Retirement System Board. Local Governmental Employees’ Retirement System Board of Trustees The Local Governmental Employees’ Retirement System (LGERS) provides benefits to employees of cities, towns, counties, boards, commissions, and other entities of local government in North Carolina. Because participation by local governments is voluntary, the operation of LGERS is dependent upon the acceptance and continuing financial support of the governing bodies and employees of local governments. The LGERS Board of Trustees is comprised of 13 members, including eight members representing local governments. Meetings The dates of the regular quarterly meetings of the Boards of Trustees of the Teachers’ and State Employees’ Retirement System and the Local Governmental Employees’ Retirement System are listed below. The meetings will convene at 9:00 a.m. at our offices at 3200 Atlantic Avenue, Raleigh, North Carolina 27604, in the Dogwood Conference Room, unless otherwise indicated below. Meeting Archives TSERS/LGERS Board of Trustees Meetings Meeting Dates/Minutes Board Materials January 27, 2022 9:00am - 12:00pm Meeting Recording TSERS Minutes LGERS Minutes AGENDA LGERS Cover Page w/SEI Evaluations TSERS Cover Page w/SEI Evaluations 10/28/21 TSERS BOT Minutes 10/28/21 LGERS BOT Minutes Operations Update Legislative Update State ADEC Projections State 2022 Alternatives Local ADEC Projections Local 2022 Alternatives LEO Court Cost Offset Medical Board Memo Dr. David Rockwell CV State Board Resolution on Budget Local Board Resolution on Budget Reemployment Earnings Notices of Reappointment GRS Actuarial Review of 2021 Accounting Disclosures 2021 North Carolina Annual Comprehensive Financial Report April 28, 2022 9:00am - 12:00pm Join the meeting from your computer, tablet or smartphone.https://meet.goto.com/463650109 You can also dial in using your phone. United States: +1 (571) 317-3122 Access Code: 463-650-109 Agenda LGERS Cover Page for SEI Evaluations Draft TSERS Meeting Minutes - Jan. 27, 2022 Draft LGERS Meeting Minutes - Jan. 27, 2022 Designation of Consulting Actuary Update on Actuarial Transition Operations Update Summary of Rules Proposal Proposal and Analysis Summary of Applications Fire Rescue Advisory Panel Memo Annual Report on Supplemental Insurance Annual Report to State & Local Board LGERS ECRSP Amended Jan. 2022 GRS Report Phase 2 July 28, 2022 October 27, 2022 January 26, 2023 April 27, 2023 July 27, 2023 October 26, 2023 Meet the TSERS Board Members State Treasurer Dale R. Folwell, CPA, Chair - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Lentz Brewer - TSERS and LGERS Boards Appt. By/Rep.: President Pro tempore/General Public Appointed: Aug. 8, 2013 Expiration Date: June 30, 2021 John Ebbighausen Appt. By/Rep.: Governor/National Guard Appointed: Feb. 7, 2018 Expiration: June 30, 2021 Vernon Gammon -TSERS and LGERS Boards Appt. By/Rep.: Governor/General Public Appointed: Feb. 9, 2018 Expiration Date: March 31, 2021 Dirk German Appt. By/ Rep: Governor/ State Law Enforcement Officer Appointed: Feb. 8, 2018 Expiration Date: March 31, 2021 Barbara Gibson Appt. By/Rep: Ex Officio/OSHR Director Appointed: Jan. 1, 2017 Expiration Date: Indefinite Linda Gunter Appt. By/Rep.: Governor/Retired Teacher Appointed: Feb. 7, 2018 Expiration Date: June 30, 2021 Oliver Holley Appt. By/Rep.: Governor/ActiveTeacher Appointed: Feb. 7, 2018 Expiration Date: June 30, 2021 Greg Patterson - TSERS and LGERS Boards Appt. By/Rep.: Speaker of House/General Public Appointed: Nov. 3, 2015 Expiration Date: June 30, 2021 Margaret Reader Appt. By/Rep: Governor/Active State Employee Appointed: July 10, 2017 Expiration Date: March 31, 2021 Joshua Smith Appt. By/Rep.: Governor/General Public Appointed: July 10, 2017 Expiration Date: March 31, 2021 Superintendent Catherine Truitt - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Appointed: Jan. 1, 2021 Expiration Date: Dec. 31, 2024 Jeffrey Winstead Appt. By/Rep.: Governor/ Retired State Employee Appointed: June 10, 2017 Expiration Date: June 30, 2021 Email the TSERS Board: tsersboard@nctreasurer.com Meet the LGERS Board Members State Treasurer Dale R. Folwell, CPA, Chair - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Clee Atkinson Appt. By/Rep: Governor/Local Law Enforcement Officer Appointed: Dec. 17, 2018 Expiration Date: March 31, 2024 Melody Braddy Appt. By/Rep.: Governor /Active Local Government Employee Appointed: July 17, 2020 Expiration Date: March 31, 2024 Lentz Brewer - TSERS and LGERS Boards Appt. By/Rep.: President Pro tempore/General Public Appointed: Aug. 8, 2013 Expiration Date: June 30, 2021 Tony Brown Appt. By/Rep.: Governor/Active County Manager Appointed: July 10, 2020 Expiration Date: March 31, 2024 Allen Buansi Appt. By/Rep.: Governor/Municipal Official Appointed: March 27, 2018 Expiration Date: March 31, 2024 Homer Dearmin Appt. By/Rep.: Governor /Active City Manager Appointed: July 17, 2020 Expiration Date: March 31, 2024 Vernon Gammon -TSERS and LGERS Boards Appt. By/Rep.: Governor/General Public Appointed: Feb. 9, 2018 Expiration Date: March 31, 2021 Kevin Gordon Appt. By/Rep.: Governor/Firefighter Appointed: Sept. 5, 2013 Expiration Date: March 31, 2024 Brenda Howerton Appt. By/Rep.: Governor/County Commissioner Appointed: April 1, 2016 Expiration Date: March 31, 2024 Jeff Morse Appt. By/Rep.: Governor/Retired Local Government Employee Appointed: July 13, 2020 Expiration Date: March 31, 2024 Greg Patterson - TSERS and LGERS Boards Appt. By/Rep.: Speaker of House/General Public Appointed: Nov. 3, 2015 Expiration Date: June 30, 2021 Superintendent Catherine Truitt - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Appointed: Jan. 1, 2021 Expiration Date: Dec. 31, 2024 Email the LGERS Board: lgersboard@nctreasurer.com Firefighters' & Rescue Squad Workers' Pension Fund Advisory Panel The Firefighters’ and Rescue Squad Workers’ Pension Fund provides a set amount retirement benefit to paid and volunteer firefighters and rescue squad workers in the state. The Advisory Panel to the Firefighters’ and Rescue Squad Workers’ Pension Fund is comprised of seven members, who are paid or volunteer members within the Fund and are appointed by the Local Governmental Employees’ Retirement System Board of Trustees. Legislation passed in 2013 created this Advisory Panel as an extension to the Local Governmental Employees’ Retirement System. The Advisory Panel meets at least annually to discuss the status and needs of the Fire and Rescue Pension Fund, and reports its findings to the Board of Trustees of the Local Governmental Employees’ Retirement System. Meeting Date/Minutes Meeting Materials June 1, 2022 Conference Line: 877-411-9748 Access Code: 5458586 Agenda Operations Update 2020 Actuarial Valuation Status and Needs Memo Email the Fire & Rescue Advisory Panel: Specialty.Plans@nctreasurer.com Meet the Fire & Rescue Pension Fund Advisory Panel Members Thomas G. Causey, Chair Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Walter Beroth Appt. by/Rep.: LGERS Board/General Public Appointed: April 26, 2018 Expiration Date: January 16, 2022 Dean Coward Appt. by/Rep.: LGERS Board/Volunteer Firefighter Appointed: January 16, 2014 Expiration Date: January 16, 2022 Kevin Gordon Appt. by/Rep.: LGERS Board/Paid Firefighter Appointed: January 16, 2014 Expiration Date: March 31, 2020 Debra Poe Appt. by/Rep.: LGERS Board/Volunteer Rescue Squad Worker Appointed: January 16, 2014 Expiration Date: January 16, 2022 Gary Whitman Appt. by/Rep.: LGERS Board/Paid Rescue Squad Worker Appointed: January 16, 2014 Expiration Date: January 16, 2022 Kimberly Williams Appt. by/Rep: State Insurance Commissioner representative Expiration Date: Indefinite Related Content Secondary Employment Resolution
TSERS & LGERS Boards of Trustees Teachers’ and State Employees’ Retirement System Board of Trustees The Teachers’ and State Employees’ Retirement System (TSERS) provides benefits to all full-time teachers and State employees in all public school systems, universities, departments, institutions, and agencies of the State. The TSERS Board of Trustees is comprised of 13 members, including eight actively working employees or retirees, as well as five public and appointed members who also serve on the Local Governmental Employees’ Retirement System Board. Local Governmental Employees’ Retirement System Board of Trustees The Local Governmental Employees’ Retirement System (LGERS) provides benefits to employees of cities, towns, counties, boards, commissions, and other entities of local government in North Carolina. Because participation by local governments is voluntary, the operation of LGERS is dependent upon the acceptance and continuing financial support of the governing bodies and employees of local governments. The LGERS Board of Trustees is comprised of 13 members, including eight members representing local governments. Meetings The dates of the regular quarterly meetings of the Boards of Trustees of the Teachers’ and State Employees’ Retirement System and the Local Governmental Employees’ Retirement System are listed below. The meetings will convene at 9:00 a.m. at our offices at 3200 Atlantic Avenue, Raleigh, North Carolina 27604, in the Dogwood Conference Room, unless otherwise indicated below. Meeting Archives TSERS/LGERS Board of Trustees Meetings Meeting Dates/Minutes Board Materials January 27, 2022 9:00am - 12:00pm Meeting Recording TSERS Minutes LGERS Minutes AGENDA LGERS Cover Page w/SEI Evaluations TSERS Cover Page w/SEI Evaluations 10/28/21 TSERS BOT Minutes 10/28/21 LGERS BOT Minutes Operations Update Legislative Update State ADEC Projections State 2022 Alternatives Local ADEC Projections Local 2022 Alternatives LEO Court Cost Offset Medical Board Memo Dr. David Rockwell CV State Board Resolution on Budget Local Board Resolution on Budget Reemployment Earnings Notices of Reappointment GRS Actuarial Review of 2021 Accounting Disclosures 2021 North Carolina Annual Comprehensive Financial Report April 28, 2022 9:00am - 12:00pm Join the meeting from your computer, tablet or smartphone.https://meet.goto.com/463650109 You can also dial in using your phone. United States: +1 (571) 317-3122 Access Code: 463-650-109 Agenda LGERS Cover Page for SEI Evaluations Draft TSERS Meeting Minutes - Jan. 27, 2022 Draft LGERS Meeting Minutes - Jan. 27, 2022 Designation of Consulting Actuary Update on Actuarial Transition Operations Update Summary of Rules Proposal Proposal and Analysis Summary of Applications Fire Rescue Advisory Panel Memo Annual Report on Supplemental Insurance Annual Report to State & Local Board LGERS ECRSP Amended Jan. 2022 GRS Report Phase 2 July 28, 2022 October 27, 2022 January 26, 2023 April 27, 2023 July 27, 2023 October 26, 2023 Meet the TSERS Board Members State Treasurer Dale R. Folwell, CPA, Chair - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Lentz Brewer - TSERS and LGERS Boards Appt. By/Rep.: President Pro tempore/General Public Appointed: Aug. 8, 2013 Expiration Date: June 30, 2021 John Ebbighausen Appt. By/Rep.: Governor/National Guard Appointed: Feb. 7, 2018 Expiration: June 30, 2021 Vernon Gammon -TSERS and LGERS Boards Appt. By/Rep.: Governor/General Public Appointed: Feb. 9, 2018 Expiration Date: March 31, 2021 Dirk German Appt. By/ Rep: Governor/ State Law Enforcement Officer Appointed: Feb. 8, 2018 Expiration Date: March 31, 2021 Barbara Gibson Appt. By/Rep: Ex Officio/OSHR Director Appointed: Jan. 1, 2017 Expiration Date: Indefinite Linda Gunter Appt. By/Rep.: Governor/Retired Teacher Appointed: Feb. 7, 2018 Expiration Date: June 30, 2021 Oliver Holley Appt. By/Rep.: Governor/ActiveTeacher Appointed: Feb. 7, 2018 Expiration Date: June 30, 2021 Greg Patterson - TSERS and LGERS Boards Appt. By/Rep.: Speaker of House/General Public Appointed: Nov. 3, 2015 Expiration Date: June 30, 2021 Margaret Reader Appt. By/Rep: Governor/Active State Employee Appointed: July 10, 2017 Expiration Date: March 31, 2021 Joshua Smith Appt. By/Rep.: Governor/General Public Appointed: July 10, 2017 Expiration Date: March 31, 2021 Superintendent Catherine Truitt - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Appointed: Jan. 1, 2021 Expiration Date: Dec. 31, 2024 Jeffrey Winstead Appt. By/Rep.: Governor/ Retired State Employee Appointed: June 10, 2017 Expiration Date: June 30, 2021 Email the TSERS Board: tsersboard@nctreasurer.com Meet the LGERS Board Members State Treasurer Dale R. Folwell, CPA, Chair - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Clee Atkinson Appt. By/Rep: Governor/Local Law Enforcement Officer Appointed: Dec. 17, 2018 Expiration Date: March 31, 2024 Melody Braddy Appt. By/Rep.: Governor /Active Local Government Employee Appointed: July 17, 2020 Expiration Date: March 31, 2024 Lentz Brewer - TSERS and LGERS Boards Appt. By/Rep.: President Pro tempore/General Public Appointed: Aug. 8, 2013 Expiration Date: June 30, 2021 Tony Brown Appt. By/Rep.: Governor/Active County Manager Appointed: July 10, 2020 Expiration Date: March 31, 2024 Allen Buansi Appt. By/Rep.: Governor/Municipal Official Appointed: March 27, 2018 Expiration Date: March 31, 2024 Homer Dearmin Appt. By/Rep.: Governor /Active City Manager Appointed: July 17, 2020 Expiration Date: March 31, 2024 Vernon Gammon -TSERS and LGERS Boards Appt. By/Rep.: Governor/General Public Appointed: Feb. 9, 2018 Expiration Date: March 31, 2021 Kevin Gordon Appt. By/Rep.: Governor/Firefighter Appointed: Sept. 5, 2013 Expiration Date: March 31, 2024 Brenda Howerton Appt. By/Rep.: Governor/County Commissioner Appointed: April 1, 2016 Expiration Date: March 31, 2024 Jeff Morse Appt. By/Rep.: Governor/Retired Local Government Employee Appointed: July 13, 2020 Expiration Date: March 31, 2024 Greg Patterson - TSERS and LGERS Boards Appt. By/Rep.: Speaker of House/General Public Appointed: Nov. 3, 2015 Expiration Date: June 30, 2021 Superintendent Catherine Truitt - TSERS and LGERS Boards Appt. By/Rep.: Ex Officio Appointed: Jan. 1, 2021 Expiration Date: Dec. 31, 2024 Email the LGERS Board: lgersboard@nctreasurer.com Firefighters' & Rescue Squad Workers' Pension Fund Advisory Panel The Firefighters’ and Rescue Squad Workers’ Pension Fund provides a set amount retirement benefit to paid and volunteer firefighters and rescue squad workers in the state. The Advisory Panel to the Firefighters’ and Rescue Squad Workers’ Pension Fund is comprised of seven members, who are paid or volunteer members within the Fund and are appointed by the Local Governmental Employees’ Retirement System Board of Trustees. Legislation passed in 2013 created this Advisory Panel as an extension to the Local Governmental Employees’ Retirement System. The Advisory Panel meets at least annually to discuss the status and needs of the Fire and Rescue Pension Fund, and reports its findings to the Board of Trustees of the Local Governmental Employees’ Retirement System. Meeting Date/Minutes Meeting Materials June 1, 2022 Conference Line: 877-411-9748 Access Code: 5458586 Agenda Operations Update 2020 Actuarial Valuation Status and Needs Memo Email the Fire & Rescue Advisory Panel: Specialty.Plans@nctreasurer.com Meet the Fire & Rescue Pension Fund Advisory Panel Members Thomas G. Causey, Chair Appt. By/Rep.: Ex Officio Expiration Date: Indefinite Walter Beroth Appt. by/Rep.: LGERS Board/General Public Appointed: April 26, 2018 Expiration Date: January 16, 2022 Dean Coward Appt. by/Rep.: LGERS Board/Volunteer Firefighter Appointed: January 16, 2014 Expiration Date: January 16, 2022 Kevin Gordon Appt. by/Rep.: LGERS Board/Paid Firefighter Appointed: January 16, 2014 Expiration Date: March 31, 2020 Debra Poe Appt. by/Rep.: LGERS Board/Volunteer Rescue Squad Worker Appointed: January 16, 2014 Expiration Date: January 16, 2022 Gary Whitman Appt. by/Rep.: LGERS Board/Paid Rescue Squad Worker Appointed: January 16, 2014 Expiration Date: January 16, 2022 Kimberly Williams Appt. by/Rep: State Insurance Commissioner representative Expiration Date: Indefinite Related Content Secondary Employment Resolution